The article discusses the incoming Attorney General's (AG) potential to pause or reverse litigation from the previous administration. Acting Solicitor General Sarah Harris is seeking holds in cases including student loan repayment policy and carbon emissions regulations, anticipating shifts in federal policies. One significant concern raised is the DOJ's lawsuit against Rocket Mortgage for racial discrimination in appraisals. This raises questions about the Dodd-Frank Act, which aims to keep appraisers independent to ensure market integrity, suggesting that the Biden administration's efforts could impact this delicate balance in housing law.
The ongoing situation illustrates how the incoming administration can influence litigation outcomes by reassessing previous policies, particularly in high-stakes areas like housing and financial regulations.
By seeking to reverse the Trump administration’s policies, the Biden administration's DOJ may inadvertently disrupt the established relationship between independent appraisers and mortgage lenders, posing risks to housing market stability.
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